EXPLANATION: The MP curve is one of three related curves used in the analysis of the short-run production so basically the marginal product (MP) curve plays in key role in the economic analysis of short-run production by firm
Answer: MP curve looks like a reverse U shaped curve or are invertedly U-shaped
Answer:
Cost of 608 hp compressor = $32,832
Explanation:
Given:
Cost of 250 hp compressor = $13,500
Find:
Cost of 608 hp compressor
Computation:
Cost of 608 hp compressor = Cost of 250 hp compressor x [608 / 250]
Cost of 608 hp compressor = $13,500 x [608 / 250]
Cost of 608 hp compressor = $32,832
Answer: strategic pillars: content, data, and execution
Explanation:
Answer:
B. price ceiling.
A government policy that sets the highest price that can be charged for a good or service is a price ceiling.